Why can’t Coinbase be used in New York (Coinbase cannot log in)
Why can\’t Coinbase be used in New York? Coinbase\’s business in New York is very
Why can’t Coinbase be used in New York? Coinbase’s business in New York is very busy, but due to the uncertainty of its geographical location and the recent restrictions imposed by the U.S. Securities and Exchange Commission (SEC) on the cryptocurrency exchange Coinbase, Coinbase currently has offices in most states in the United States. Therefore, for some users, it seems that Coinbase’s operations in New York are not ideal.
In fact, since 2017, Coinbase has established offices in various regions such as Hong Kong and Taiwan. Although these places are not allowed to directly buy and sell Bitcoin and Ethereum, Coinbase can still accept local customers’ requests and freely provide fiat currency deposit channels for their accounts – which is different from other countries where U.S. banks often do not allow individual customers to use their funds to complete transfers or withdrawals of cryptocurrency assets. In addition, although Coinbase supports all types of digital assets, legally, they cannot guarantee that they will hold digital assets themselves. Therefore, Coinbase has decided not to operate in New York anymore; if the company needs to convert customers’ funds into US dollars or Japanese yen, it must register an account in that country and send a transaction to a designated wallet; or at least have an independent user contact Coinbase via email to request their name and address information before submitting an application on the Coinbase website. So, in order to facilitate everyone’s understanding of the answer to this question, we will focus on whether Coinbase is available globally: why can’t Coinbase be used in New York? Because Coinbase is headquartered in San Francisco. According to Bloomberg, from October 1, 2017 to July 2018, Coinbase launched a platform called Crypto.com in Arizona, which is available for those who want to access services in New York. However, as time goes by, this service may become expensive. For example, when you open the Coinbase app, you will see the following interface, which includes a “How to connect your wallet” button:
– Click “Mine” before selecting anyone you want to serve.
– Click “Continue” to view your wallet balance and current balance.
If you want to buy a token and sell it to another person, enter your password so that you can start trading immediately. Once the conditions are met, we will automatically reopen.
coinbase cannot log in
Coinbase announced on June 1 that it has suspended all its services in the state of New York because it cannot log into the account of the U.S. Securities and Exchange Commission (SEC) and provide access to relevant data. It is reported that the exchange is the first to allow users to log in to their services with their cryptocurrency and only operates within the United States. According to reports, the company said, “We hope to provide customers with easier access through open APIs while ensuring that they can control their digital assets.”
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